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. and president obama just a minute ago nominated jack lew as treasury secretary. we'll take a look at both issues coming up in business. [ male announcer ] pillsbury grands biscuits. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. >>> nominations for the 85th annual academy awards announced this morning in beverly hills. >> hosts seth macfarlane and emma stone announced the nominees. "lincoln" was the clear winner, receiving 12 nominations, including best picture, best director and best actor, nods for daniel day lewis, sally fields and tommy lee jones. >> "life of pi" came away with 11 nominations. >> here's a complete list of the nominees for best picture. beast of the southern wild, zero dark thirty, lincoln, life of pi, amore, the silver linings playb
why jack lew needs to work on his signature if he wants to be treasury secretary. >>> live in palo alto where there are numerous cases of women being sexually assaulted and we will tell you about the numerous cases here in the parking lot. >>> and the drive is not a bad drive at all, we will tell you more about the morning commute and the bay area weather. . >>> all right, welcome back, here is a quick look at some of the top stories we are following. a caster county man is facing charges in a bizarre drug case. he is accused of having a 5- foot alligator in his house guarding his marijuana. officials say he was right next to 34,000 marijuana buds valued at $134,000. a man convicted of murder said he killed his 89-year-old mother. dennis stanworth was out on parole for a life prison sentence for killing two teens in 1966. >>> and vice-president joseph biden is looking for ways to reduce gun violence. today he will be meeting with gun owner's groups, hunters and also representatives from the entertainment industry. >>> a flasher is on the loose on the peninsular. janine de la vega j
jack lew after taking the place of tim geithner. they are preparing for a new confrontation with republicans over debt and deficit. now this is interesting, if jack lew becomes treasury secretary he may want to work on his signature. right now it is a series of curely writing and it will appear on every u.s. treasury bill. tim geithner said he had to change his signature when he got the job to make it legible. >>> they are getting new information about the first homicide victim of 2013. it was outside of a house on tripoli avenue early sunday morning. they now identify him as ivan. they heard a loud argument and then several gunshots and he was pronounced dead at the scene. they are still searching for suspects and there is no word of a possible motive. >>> they now say people who live in san francisco, sonoma and contra costa counties can also participate. organizers will offer $200 for semiautomatic weapons and will also collect violent video games and if there is money left over, they will buy it back. they are at police headquarters in novato, san rafael and largos and a
house chief of staff jack lew today as the next secretary of the treasury. he is a federal budget expert who is known as a tough bargainerring. if confirmed he takes the job as the administration is preparing for a new confrontation with congressional republicans over debt and deficit. he replaces geithner who is moving back to new york to be with his family. >> the stage is set for the hollywood award season. in an hour the oscar nominations are announced. expect historic based films to get a lot of attention with "argo" and "zero dark 30" and "lincoln" and daniel day lewis will get surely another nomination and jennifer lawrence is also up. keep it here for the oscar nominations coming up after 5:30 like here on the abc7 morning news. we will stream the announcement like at abc7news.com and you can see would wins on sunday, february 24 when the oscars are announced like right here on abc7. seth mcfarland is the host. >> any favorites? >> i like them all. >> so diplomatic. >> mike nicco is not wrong this morning checking out the showers he predicted. no showers? >> the showers are over
.s. treasury secretary. jack lew has extensive public and private sector experience including budget director for presidents obama and bill clinton. he's also known for his thorough knowledge of the federal budget. an announcement is possible before the end of the week. >>> stip college of san francisco is hoping for a deadline extension to maintain its accreditation. the school has until march 15th to come up with a plan to fix financial problems. but officials say there are some issues that will require more time to work through. the school has already made several changes, including the hiring of more experienced leaders and improving its budget management. >>> today, san jose planners will decide if the location of a newly approved charter school plan fits with city goals. council members gave their approval yesterday for the rocket ship education charter element school on lick avenue. it would also provide a park and a playground for the area. some residents are opposed to the plan saying it will create traffic problems. >>> a ferry carrying hundreds of commuters crashes into a new york
chief of staff jack lew is expected to lead the treasury department. he is choosing him because of wide variety of experience. if confirmed he would replace tim geithner. because of the possible nomination, lew is taking fire for messy signature. that is what you seeing believe it or not. that says jack lew. they call it the world's worst significant. the signature is generating so much interest it would appear on all dollar bills if he is confirmed. he would try to improve his pen manship if he gets the job. >> it turns out that 90% of filers will pay a tax preparer or use a computer software service. tax code is ten times longer than the bible. complicated tax laws even have irs driag until january 30th so it can catch up with the new laws that are out there. >> there is no sort aj of things you can buy on ebay. the san jose auction website has always wondered if it could streamline the process of selling on the site. business and technology reporter david louie explains the pilot project that ebay is now testing. >> they have six advance making the round in the south bay, new initiat
secretary. jack lew. and here is what all the laughing was about. seems his signature is infamous. looks like a series of loops. the president joked they almost cost him the job. >> i never noticed jack's signature. when this was highlighted yesterday in the press i considered rescinding my offer to appoint him. jack assures me he will work to make at least one letter legible. >> the signature is on the lower right corner of all u.s. bills. >>> on wall street today, the dow is up 80 to 13,471. the nasdaq is up 15 at 3,121. the s&p is up 11 at 1,472. >>> the u.s. government unveiled sweeping new protection for future mortgage borerrers. i will require lenders to ensure a borer can pay back a loan. for most the rules will mean no more interest only mortgages. also no more loans that balloon over the years. and for the first time lenders will have to inspect and verify financial records. >> they will look at income, look at the ratio of their debt to income. they will make sure that the income is verified. the rules take effect in 2014. banks will have a better chance of shielding themselve
chief of staff jack lew to serve as next treasury-secretary. he touted his past work. the budget ran a surplus during his tha time. he is going to replace tim geithner. >> if confirmed i look forward to joining the treasury department whose people are legendary with skill knowledge. >> lew became president obama's chief of staff last year and has a reputation of a tough bargainer but republicans say he has been too unyielding in past negotiations. >> it nearly fell through because of lew's signature. you can see it. that signature would appear on all u.s. paper money if he is confirmed. president obama said he never noticed it at before, he quote, considered rescinding the offer. he says he will try to improve his handwriting. >> do they still teach penmanship? >> sleeping pills that millions of americans use. >> plus, this animal has caused a lot of frantic 911 calls. is it a baby lion or a dog? we'll introduce you to him up next. >> and i'm sandhya patel. skies are clearing out. the chill is moving in. get ready for a freezing cold night. freeze warnings and frost advisories coming
to name jack lew as treasury secretary tomorrow. we will talk about that. if you looking for bargains, target has gift wrap, and children's, and women's apparel is marked down on tuesday, and wednesday, men's apparel and health and beauty are marked down and toys. researchers say the best deals are usually at the edges of the stores not in the middle of the target store. >> possible tension between the white house and walmart over gun control. walmart is taking a pass on an invitation by the white house to sit down with biden and talk about the issue. stocks look like this, a little bit higher as we get good earnings from alcoa and the silicon valley index is just a sight bit lower. >> thank you. this we go to weather. mike? >> we will talk about what is going on, we will start with an outside shot, beautiful colors there and the fog is why we have the dense fog advisory in the east bay and north bay valley from our east bay hills camera. a beautiful picture there. live doppler 7 hd showing it is dry. the cloud cover will be thick enough to drop the showers on us in the afternoon and
secretary. jack lew is expected to be knock nated -- nominated by if end of the week. it'sreported that lew was tapped because of his knowledge of the federal budget and his no drama style but some republicans are expecting a bumpy conformation time. >> aig will not join a lawsuit against the federal government over the bail out that saved the company from bankruptcy. theboard was legally bound to consider become part of the suit and today decided not to. thecompany's former ceo filed the suit saying the conditions o' of the bail out were unfair. thegovernment sold its share in aig and made a profit. the dow gained 60 points and nasdaq gained 14. . >> the owners of the sf wiekly newspaper announced its sell to the san francisco guardian. in2008 the guardian filed a lawsuit against the weekly claiming they were trying to force them out of business. thelawsuit was settled for an undisclosed amount of money. >> want to know who may have given you the flu? facebook might be able to help. it has a new app called help i have the flu. it searches posts by your facebook friends for key words suc
will be introducing his next treasury secretary, it is jack lew, he's presently the president's chief of staff. you see him on your screen. formerly the president's budget director. he replaces outgoing secretary timothy geithner. another position vacated by hilda solis, who is the labor secretary. >> peter alexander, thank you. now here's carl. >> savannah, thanks. >>> of course, one of the worst shootings last year, the deadly massacre at a colorado movie theater. now a judge decides if the gunman will stand trial. at the courthouse in centennial, colorado, mike, good morning. >> reporter: good morning, carl. if there's going to be an insanity case, there's going to be a mountain of evidence that james holmes spent months planning the attack. a shooting rampage was long in planning, the newly revealed evidence shows. an arsenal for mass murder accumulated in an extraordinary two-month buying spree, mostly online, and ending just days before the massacre. holmes himself telling police after the arrest how he booby trapped his apartment with a dozen bombs, hoping for an explosion to divert police t
.a. county board of supervisors. and today the president is expected to nominate jack lew as secretary of the treasury. he is currently the president's chief of staff. he would replace timothy geithner who previouslily announced plans that he would leave office. >>> now, if you lew's nomination is approved, there will be a peculiar signature on our money. this is how he signs his name. start checking your money. >> i don't see one letter in that signature. okay. >> he must have been a doctor. >> maybe. >>> those troubled boeing 787s are having even more problems. a potential brake problem canceled a dreamliner flight in japan yesterday. that's three electrical issues in two days for the new 787. and it's will the latest in a string of glitches that hit the plane since its debut. the other problems this week, a fuel leak and electrical fire. >>> a castro valley man is expected in court today after a strange discovery in his home. imagine the police on this one? an alligator named mr. teeth by the way was in a plexiglass tank atop 34 pounds of marijua
the president will officially nominate jack lew for treasury secretary to replace tim geithner lew is federal budget expert and known to be a tough bargainer if confirmed by the senate, he would take the helm of the government may agency for economic and fiscal policy. just as we deal with the u.s. reaching its borrowing limit the debt ceiling. >> some republicans complained that he has been too unyielding in past this of negotiations. >> and big news regarding new mortgage rules being proposed james has more on that in a moment with more the consumer physical protection burn as rolled out new roles designed to ensure that mortgage borrowers can afford to repay the loans they take out. >> according to the rules, which take effect next year, lenders will be required to verify and inspect our financial records so and no more no doc loans out there. there will be prohibited from saddling world loan payments totaling more than 42 percent of the person's annual gross income. >> an interest only loans that helped inflate the housing bubble will be banned. >> still ahead on the kron 4 morning news a
the new treasury secretary. >> it looks like jack lew will replace timothy gai nter. >> what is a treasure secretary do? they're run financial--they look after financial debt. >> and the bottom right hand corner of our people money gaitner signature. what is that that is horrible. >> we have to change that. i cannot put that on monday. >> this seems like an eye appointment. he has very little experience. he is a big no god. he will say no time and time again. he is the one that will have to keep the budget cut going when we hit the debt ceiling right. >> the debt ceiling coming up. debt ceiling in fiscal cliff has now become 2013 issues. but us talk about another winner. this of facebook shares rally above $30 a share. we are on our way up it is a winner for facebook. >> the ipo had people screaming like a scalded champ. it is up 10% this year so it's a matter of when did you buy it. after announcing a mystery press conference for tuesday next tuesday the 15th. i looked at their peak about 160. that is pretty expensive. they got something. they have this do it hasn't called yet. >> maybe i
of staff jack lew to be treasury secretary. current treasury secretary timothy geither is expected to leave his position at the end of the month. the nomination could come as soon as thursday. >> the dow was just crossing the 13,400 mark and we will be back i200 and and two minutes. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. avoid bad.fats. don't go over 2000... 1200 calories a day. carbs are bad. carbs are good. the story keeps changing. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains ce
Search Results 0 to 14 of about 15